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  • Atnea Pulls out of Ohio Obamacare exchanges, tells us why.

    http://thehill.com/policy/healthcare...market-in-ohio

    “The Individual market remains volatile and the lack of certainty of funding for cost sharing reduction subsidies, the restoration of taxes on fully insured coverage and, an increasing lack of overall predictability simply does not provide a sustainable path forward to provide affordable plan choices for consumers,” Anthem said in a statement.
    Basically the lack of any clarity on where the GOP controlled Congress and President are driving this train.
    “The time has come,” the Walrus said,
    “To talk of many things:
    Of shoes—and ships—and sealing-wax—
    Of cabbages—and kings—
    And why the sea is boiling hot—
    And whether pigs have wings.”
    ― Lewis Carroll

  • #2
    Uh no... trying to get off the Obama train before it leaves the tracks.

    'The lack of certainty of funding for cost sharing reductions' is the main one. The insurance companies can not function allowing no underwriting on insureds... if those are reduced or non-existant the company can not survive.

    Right, was NEVER going to work.
    SPORTS FREAK/ PANZERBLITZ COMMANDER/ CC2 COMMANDER

    Comment


    • #3
      Originally posted by Combat Engineer View Post
      http://thehill.com/policy/healthcare...market-in-ohio

      Basically the lack of any clarity on where the GOP controlled Congress and President are driving this train.
      Wrong. Absolutely wrong. The problem is with the way Obamacare set up the payments. The insurers that made profits on the Obamacare exchanges were to pay in a percentage of their profits to a fund that would cover those not making a profit or losing money. The government would provide some additional funding to help with that. The government funding mechanism was spelled out in the ACA.

      What happened was few insurers were making profits and most were losing money big time on Obamacare policies. There wasn't sufficient money in the fund to cover their losses and the government funds to be kicked in didn't begin to cover the deficit.

      With Obama in office, he illegally transferred funds from other government accounts with excess money to that fund to help cover the insurer's losses. Even then, the insurers were losing massive amounts of money. Blue Cross was, and is, hemorrhaging over a billion a year in losses on Obamacare.

      With Trump in office insurers expect his administration to stop the illegal funding and their losses will be even larger. That isn't Trump's fault, he's following the law as written. That's the Democrat's fault for passing a totally crap piece of legislation and thinking that down the road they'd be able to pass additional legislation to "fix" problems with the original legislation. Then they lost control of Congress...

      http://thehill.com/policy/healthcare...-unsustainable

      https://www.bloomberg.com/news/artic...f-losing-money

      The four biggest U.S. health insurers admit they’re each losing hundreds of millions of dollars on their Obamacare plans. Rather than expand coverage, many are pulling out of the exchanges that were set up by the ACA so people can shop for insurance plans, often with the help of government subsidies.
      The big insurers are quitting because they are losing their @$$es on Obamacare policies. Why should they stay in a program that is a disaster for them? None of that has anything to do with Trump or the Republicans. It has everything to do with the Democrats setting up an idiotic health insurance system run by an incompetent government bureaucracy.

      This is ENTIRELY the Democrat's fault.

      Comment


      • #4
        On the other hand, California wants to extend Obamacare to cover illegal immigrants...

        http://www.foxnews.com/politics/2016...mmigrants.html

        California is on the brink of becoming the first state in the nation to offer illegal immigrants the chance to buy insurance on an ObamaCare exchange -- testing what's being described as a "loophole" in the law.*
        The Affordable Care Act technically bars illegal immigrants from the insurance exchanges.*
        But the California bill, which last week passed the state legislature and was sent to Gov. Jerry Brown’s desk, would allow the state to apply for a federal waiver to open its exchange -- Covered California -- to undocumented residents.*
        There's no guarantee that will happen. Brown first would have to sign the bill and the Obama administration then would have to green-light the waiver.*Even if that is granted, it wouldn't necessarily give illegal immigrants access to insurance subsidies.*
        Critics, though, say it’s a slippery slope and yet another example of how the federal government has hoodwinked Americans into getting behind the Affordable Care Act, or ObamaCare.

        Comment


        • #5
          Originally posted by T. A. Gardner View Post
          Wrong. Absolutely wrong. The problem is with the way Obamacare set up the payments. The insurers that made profits on the Obamacare exchanges were to pay in a percentage of their profits to a fund that would cover those not making a profit or losing money. The government would provide some additional funding to help with that. The government funding mechanism was spelled out in the ACA.

          What happened was few insurers were making profits and most were losing money big time on Obamacare policies. There wasn't sufficient money in the fund to cover their losses and the government funds to be kicked in didn't begin to cover the deficit.

          With Obama in office, he illegally transferred funds from other government accounts with excess money to that fund to help cover the insurer's losses. Even then, the insurers were losing massive amounts of money. Blue Cross was, and is, hemorrhaging over a billion a year in losses on Obamacare.

          With Trump in office insurers expect his administration to stop the illegal funding and their losses will be even larger. That isn't Trump's fault, he's following the law as written. That's the Democrat's fault for passing a totally crap piece of legislation and thinking that down the road they'd be able to pass additional legislation to "fix" problems with the original legislation. Then they lost control of Congress...

          http://thehill.com/policy/healthcare...-unsustainable

          https://www.bloomberg.com/news/artic...f-losing-money



          The big insurers are quitting because they are losing their @$$es on Obamacare policies. Why should they stay in a program that is a disaster for them? None of that has anything to do with Trump or the Republicans. It has everything to do with the Democrats setting up an idiotic health insurance system run by an incompetent government bureaucracy.

          This is ENTIRELY the Democrat's fault.
          ahhhh, another conspiracy. I should have known. You peeps on the right sure do like your conspiracies.
          Conservatives in the U.S. won't be happy until Jim Crow returns and "White Heterosexual Only" signs are legalized.

          Comment


          • #6
            Originally posted by Anthrax View Post
            ahhhh, another conspiracy. I should have known. You peeps on the right sure do like your conspiracies.
            Wrong answer. It's real and Congress investigated and said it's illegal.

            http://www.atr.org/report-uncovers-s...acare-payments

            The Obama administration has been illegally funding Obamacare “Cost Sharing Reduction” (CSR) payments for years over the objections of IRS officials, according to a report released today by the House Ways and Means Committee and the House Energy and Commerce Committee. Since Congress launched its investigation, multiple agencies have refused to provide information, selectively applied the law, and even pressured one witness not to testify.
            The courts say it too.

            https://www.forbes.com/sites/theapot.../#347dcae06d68

            Today, a federal judge sided with the House of Representatives in a major lawsuit challenging executive branch overreach, ruling that the Obama administration has been making illegal payments to health insurance companies participating in the Affordable Care Act (ACA) exchanges.
            So, I guess you are blowing smoke out your posterior trying to cover for Obama's criminal activities. The courts found it illegal. Congress found it illegal. Government regulators found it illegal. You on the other hand have just some "blah, blah, blah..."

            Comment


            • #7
              Originally posted by T. A. Gardner View Post
              On the other hand, California wants to extend Obamacare to cover illegal immigrants...

              http://www.foxnews.com/politics/2016...mmigrants.html

              There's no guarantee that will happen. Brown first would have to sign the bill and the Obama administration then would have to green-light the waiver.*Even if that is granted, it wouldn't necessarily give illegal immigrants access to insurance subsidies.*
              Er, wait, what!?
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              • #8
                Didn't you hear about the $400 billion single payer plan?

                http://www.mercurynews.com/2017/06/0...lth-care-plan/
                Credo quia absurdum.


                Quantum mechanics describes nature as absurd from the point of view of common sense. And yet it fully agrees with experiment. So I hope you can accept nature as She is - absurd! - Richard Feynman

                Comment


                • #9
                  Originally posted by Herman Hum View Post
                  Er, wait, what!?
                  California was rushing a bill forward to get approval shortly before Obama left office, knowing that if a Republican won the election it'd get nixed in a heartbeat.

                  Comment


                  • #10
                    Originally posted by Bwaha View Post
                    Didn't you hear about the $400 billion single payer plan?

                    http://www.mercurynews.com/2017/06/0...lth-care-plan/
                    A Senate committee analysis released last week, however, estimated that the state would have to raise $200 billion in revenue each year, which it said could be done through a 15 percent payroll tax.
                    Yea, way to kill jobs in that state... A 15% increase in taxes on worker pay...

                    Comment


                    • #11
                      Why should citizens/taxpayers with healthy lifestyles (exercise, eat right, etc.) have to "subsidize" others with UNHEALTHY LifeStyles = overeat, substance(s) Abuse, etc. ???

                      If Auto and Life Insurance coverage Insurance Rates are based upon personal history of actions and behaviour, why shouldn't "Health-Care" Insurance follow a similar template? !!! ???

                      Just because you ate more then you should of, (or what you shouldn't have), smoked stuff you shouldn't, consumed more alcohol and other substances you shouldn't have, ETC.; why am I on the hook to pay part of the medical expense to recover the damage YOU Chose inflict upon Yourself ???
                      TANSTAAFL = There Ain't No Such Thing As A Free Lunch

                      Comment


                      • #12
                        Originally posted by G David Bock View Post
                        Why should citizens/taxpayers with healthy lifestyles (exercise, eat right, etc.) have to "subsidize" others with UNHEALTHY LifeStyles = overeat, substance(s) Abuse, etc. ???

                        If Auto and Life Insurance coverage Insurance Rates are based upon personal history of actions and behaviour, why shouldn't "Health-Care" Insurance follow a similar template? !!! ???

                        Just because you ate more then you should of, (or what you shouldn't have), smoked stuff you shouldn't, consumed more alcohol and other substances you shouldn't have, ETC.; why am I on the hook to pay part of the medical expense to recover the damage YOU Chose inflict upon Yourself ???
                        Or worse, the gov't force you to do so. If you choose to do so out of charity, that's right kindly of you. Charity cannot come from the barrel of a gun.

                        Comment


                        • #13
                          Originally posted by Combat Engineer View Post
                          http://thehill.com/policy/healthcare...market-in-ohio



                          Basically the lack of any clarity on where the GOP controlled Congress and President are driving this train.
                          Actually, what Aetna is saying is that they aren't sure where their enormous profits are going to come from, following the demise of BoBoCare.
                          Quis Custodiet Ipsos Custodes? Who is watching the watchers?

                          Comment


                          • #14
                            Originally posted by 82redleg View Post
                            Or worse, the gov't force you to do so. If you choose to do so out of charity, that's right kindly of you. Charity cannot come from the barrel of a gun.
                            Funny, because that's exactly how Obama did it.
                            Quis Custodiet Ipsos Custodes? Who is watching the watchers?

                            Comment


                            • #15
                              Originally posted by Mountain Man View Post
                              Actually, what Aetna is saying is that they aren't sure where their enormous profits are going to come from, following the demise of BoBoCare.
                              Got news for you. The big insurers are losing their @$$es on Obamacare. They're pulling out all over the US...

                              The sole “Obamacare” carrier selling individual insurance plans in Hancock County will not do so in 2018. Anthem Blue Cross and Blue Shield announced Tuesday it would no longer offer individual insurance plans through the health care marketplace (also called the “exchange”) next year.
                              The change applies to Ohioans who buy health insurance as individuals and does not affect those who get insurance through their employer, Medicare or Medicaid.
                              http://thecourier.com/local-news/201...-of-obamacare/

                              Humana announced on Tuesday that it would no longer offer health insurance coverage in the state marketplaces created under the federal health care law, becoming the first major insurer to cast a no-confidence vote over selling individual plans on the public exchanges for 2018.
                              https://www.nytimes.com/2017/02/14/h...nges.html?_r=0

                              Nebraskans and Iowans who need individual health insurance next year may have only one choice.
                              And even that one company, Medica Health of Minnetonka, Minnesota, isn’t sure it will sell those health plans in 2018.
                              “We have not made a decision and are reviewing all of our options,” Medica spokesman Greg Bury said Wednesday.

                              Aetna Health announced Wednesday that it would withdraw from individual health plan markets under the Affordable Care Act in Nebraska and Delaware in 2018 and earlier said it would drop Iowa and Virginia for 2018, after pulling out of 11 other states for 2017.
                              http://www.omaha.com/livewellnebrask...8cfa15050.html

                              Health insurance company Aetna (AET) announced Wednesday it will completely withdraw from the ObamaCare marketplace in 2018, a decision Health and Human Services Secretary Tom Price perceived as a sign of continued instability in the health care sector under the Affordable Care Act.

                              “Aetna’s decision to completely withdraw from the ObamaCare exchanges adds to the mountain of evidence that ObamaCare has failed the American people. Repealing and replacing it with patient-centered solutions that stabilize the marketplace to bring down costs and increase choices is the only solution,” Price said late Wednesday.
                              http://www.foxbusiness.com/markets/2...s-by-2018.html

                              As much as a third of the US won't have ANY plan to choose from (that is ZERO PLANS) on the Obamacare marketplaces come 2018. The Republicans have to do nothing to let that happen, and have done nothing to make that happen. That is solely and totally the fault of the entirely Democrat sponsored and passed ACA bill. This is entirely the fault of Democrats.

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